10/08/19 20:00 UTC-4

Bitcoin exchange rate could rise to $250,000: investor opinion

An investor believes that the Bitcoin exchange rate could rise to $250,000
An investor believes that the Bitcoin exchange rate could rise to $250,000

A well-known Bitcoin fan, serial venture capital investor Tim Draper, said the value of the first cryptocurrency would rise to $250,000. According to interview information for Yahoo!, such will be the cost of digital gold by 2023.


Bitcoin course: opinion

On August 9th, the famous Bitcoin enthusiast, Tim Draper, announced that the first cryptocurrency would grow to $250,000 by 2023. According to Draper, such a delay in the growth of the rate is provoked by current market trends and financial regulators that have not yet recognized cryptocurrencies.

Draper also called Bitcoin "too consolidated currency", and also clarified about too serious competition in the cryptocurrency market. By the way, earlier Draper had already predicted the rapid growth of digital gold by 2020.

"It (Bitcoin) is consolidated more than I thought (...) I thought that at that moment there would be much more competitors who are really relevant, but people are consolidating in the direction of Bitcoin because it is decentralized" – Tim Draper.

Interestingly, cryptocurrency news for today also reported on John McAfee's predictions regarding Bitcoin. The famous programmer is more determined and claims that the first cryptocurrency will reach one million dollars by the end of 2020.

Investor opinion: Bitcoin exchange rate may rise to $250,000. Recall that recently, statistical analysis showed that the exchange of Venezuelan bolivars for bitcoins reached a record high.

Editor: Pereyidenko Ihor

See also: "One of the largest transfers of the Ripple cryptocurrency has occurred"

#cryptocurrency #Bitcoin #Bitcoincourse #Bitcoingrowth #TimDraper



16/08/19 07:00 UTC-4

A Wall Street analyst is confident in the growth of Bitcoin

Yesterday, August 15, a prominent Wall Street analyst and co-founder of Fundstrat Global Advisors financial agency, Tom Lee, said he was confident in the imminent increase in the value of digital gold. According to an interview at Fox Business, by the end of 2019, cryptocurrency could hit a new historic high.

13/08/19 07:49 UTC-4

Ethereum cryptocurrency will be at $1000: survey results

A few days ago, on August 10, Nick Patel, a well-known trader and author of the bestseller about altcoins, conducted a social poll on his Twitter, which concerned the value of the second cryptocurrency by capitalization level – Ethereum. The results showed that more than half of the respondents are sure that the coin rate will be above a thousand US dollars.

31/07/19 05:10 UTC-4

The US Senate held a hearing on regulatory cryptocurrency issues

Following the previous hearings in mid-July, on July 30, the US Senate Banking Committee on the regulatory framework for cryptocurrencies and blockchains held a hearing entitled "Study of the regulatory framework for digital currencies and blockchain."

Fiat money, funds